Compliance Review Services for Tendering and Bidding

Differentiated from the traditional products offered by competitors, our Compliance Review Services for Tendering and Bidding can be used in tandem with Due Diligence Monitoring Services, thus greatly improve companies’ compliance.

Compliance Review Services for Tendering and Bidding

Our Compliance Review Services for Tendering and Bidding allow quick identification of legality and compliance of bidders and discovering compliance risks such as bid-collusion by subsidiaries and bid rigging. They also support customers and their partners to prevent such risk, while avoiding situations involving dishonesty and unfair competition in collaboration with upstream and downstream enterprises.

 

Situations in which tendering is compulsory and its application scenarios

Situations in which tendering is compulsory

  • Large-scale infrastructure and public utilities
    Projects which involve social public welfare and public security, excluding special circumstances such as projects involving state secrets, emergency rescue, implementation of work relief program using poverty alleviation funds as well as employment of migrant workers.
  • Projects using state-owned funds or financing
    Projects which fully or partially use state-owned investment funds or state financing.
  • Projects using government loans or aid funds
    Projects which use loans or aid funds from international organisations or foreign governments.
  • Large construction projects
    Individual construction contracts estimated to cost CNY 4 million (originally CNY 2 million) or higher.
  • Procurement of key equipment and materials
    Procurement of key equipment and materials with individual contracts estimated at more than CNY 2 million.
  • Large service procurement
    Procurement of survey, design and supervisory services with individual contracts estimated at more than CNY 1 million.

Application scenarios

  • Tendering and bidding agency
  • Corporate management
  • Partner selection

 

Applicable customer groups

  • Legal Department
  • Purchasing Department
  • Contract Review Department
  • Risk Management Department
  • Compliance Department

How Experian can help

  • Flexible and customised offline delivery

  • Can be used in tandem with Due Diligence Monitoring Services

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